The 400 richest Americans -- the top 0.00025 percent of the population -- have tripled their share of the nation's wealth since the early 1980s, according to a new working paper on wealth inequality by University of California at Berkeley economist Gabriel Zucman.

Those 400 Americans own more of the country's riches than the 150 million adults in the bottom 60 percent of the wealth distribution, who saw their share of the nation's wealth fall from 5.7 percent in 1987 to 2.1 percent in 2014, according to the World Inequality Database maintained by Zucman and others.

At this point, 150 million people can easily out vote 400. The deck has always been stacked in favor of the elite. Wealth inequity in this country will be addressed one way or another. And frankly, the distribution is likely much worse than this as the elite can hide quite a bit of assets.

The 400 richest Americans -- the top 0.00025 percent of the population -- have tripled their share of the nation's wealth since the early 1980s, according to a new working paper on wealth inequality by University of California at Berkeley economist Gabriel Zucman.

Those 400 Americans own more of the country's riches than the 150 million adults in the bottom 60 percent of the wealth distribution, who saw their share of the nation's wealth fall from 5.7 percent in 1987 to 2.1 percent in 2014, according to the World Inequality Database maintained by Zucman and others.

99.9% of workers earning less than $15/hour have a smart phone. When the $12/hr janitor is no longer wearing $90 shoes and playing on a $500 phone then we can talk. Until then, stop complaining about some wage problem that reality proves doesn't exist. What you really have a beef with is how economically stupid people are.

The deck has always been stacked in favor of the elite. Wealth inequity in this country will be addressed one way or another. And frankly, the distribution is likely much worse than this as the elite can hide quite a bit of assets.

How is it "stacked?"

You didn't start Apple because "the deck was stacked" against you?You didn't start Facebook because the "deck was always stacked" against you?You didn't start Starbucks because "the deck was always stacked" against you?Or is it more likely that you just aren't very smart?

Hand-wringing over an income gap is pure, unabashed jealousy. It is not a problem. Our poor are the wealthiest this planet has wver seen. We provide more opportunity to climb the wealth ladder than this planet has ever seen.

Trying to equalize income is a fool's errand that will lead to ruin. For everyone.

The solution I provided would cut the amount of wealth held by the Top 400 Americans, and thus decrease the comparison to the bottom 60%, which might be **holds finger in air** say 55%. The new problem statement then say, "Top 400 Americans have more wealth than the bottom 55%." I can then offer the Liberals to give more money, and down we go.

It was meant tongue-in-cheek about how the boogeyman isn't some Conservative GOP guy... it is the people in their own party.